USD/CAD Tumbles Despite Weak Canada GDP As US Data Impacts Fed Bets
July 29, 2016 at 12:01 PM EDT
Canadian May GDP below is expectations at -0.6% m/m, +1.0% y/y, vs -0.5% m/m, +1.2% y/y expected. USD/CAD falls sharply after Canadian GDP data as output numbers from the US disappoints.